Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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March 05, 2025

• FIIs are barely making returns in India
• Average rate of return = 12% (In Nifty)
• LTCG = 1.2% on gains
• INR Depreciation = 3.5-4%
• 1 Lakh $ in 2020 = ₹74 Lakhs
• 1 Lakh $ in 2025 = ₹88 Lakhs
• FIIs have to convert $ into ₹ when investing in India and then convert ₹ to $ when taking money out of India.
• So if Indian market generate no returns, FIIs will be losing 3.5% due to INR depreciating.
• Gross Returns = 12% - 1.2% (LTCG) - 3.5% (INR Depreciation) = 7.3%
• This is excluding of compliance costs, tech costs, salaries etc etc
• US T-Bills pay 4.5% p.a and is backed by government of USA
• China suspends imports of US lumber effective immediately - Customs.
• China suspends imports of soybeans from three US companies.
• Nifty Records Longest Losing Streak On Record, Falls For 10 Straight Days
• Broader Markets Relatively Outperform, Midcap Index Ends With Minor Gains
• Nifty Bank Closes In The Green, Supported By SBI & HDFC Bank
• Nifty Slips 37 Points To 22,083 & Sensex 96 Points Το 72,990
• Nifty Bank Rises 131 Points 48,245 & Midcap Index 24 Points To 48,008
• OMCs See Buying Following A Big Fall In Crude, Stocks Up 3-4%
• Defence & Railway Stocks Rise, HAL & BEL Amongst Top Gainers
• Auto Underperformance Continues, 3 Of Top Nifty Losers Are Auto Stocks
• WALCHANDNAGAR IND ; Walchandnagar Industries approved acquiring a 60.3% stake in Aicitta Intelligent Technology, a defense R&D firm, for up to ₹16 crore.
• The investment, via equity and preference shares, will be completed in tranches over 31 months.
• WALCHANDNAGAR IND ; Acquisition is in line with the Company’s strategy of diversifying its defense business, as Aicitta and the Company operate in similar fields of defense which will help both the companies to grow.
• Aicitta is a private limited company incorporated in
• India. Aicitta is a start-up and is in the business of research and
• development in defense industry
• (Unmanned Systems)
• Turnover
• F.Y. 2022: INR 1,15,254
• F.Y. 2023: INR 82,823
• F.Y. 2024: INR 4,250
• MARSONS ; WINS RS 9.49 CR ORDER
• Company has received an order worth approximately ~9.49 crores (exclusive of taxes) from Inox Wind Limited to supply 160 MVA 220 kV class EHV Power Transformer.
• ABB INDIA ; ABB and UptimeAI join forces to advance Asset Health and Performance Management
• The investment combines machine learning (ML) and expert systems to provide actionable insights into the health and performance of rotating equipment, boosting failure prediction, health forecasting, and maintenance optimization.
• The partnership brings together advanced artificial intelligence (AI)/ML-based algorithms and industry expertise, addressing over 1000 failure modes to enhance asset management capabilities.
• The collaboration will focus on the heavy asset industries, starting with Cement, Metals and Water Pipes industry segments for implementation, in India.
• HUBTOWN: Hubtown Limited increased its stake in Rare Townships Private Limited (RTPL) to 72.22% through a rights issue and plans to merge Salcharan Consultancy, raising its RTPL stake to over 93%.
• Its Rising City project in Ghatkopar is progressing well, with 67% of Phase I sold and occupation certificates expected by FY26.
• DMART ; Company has opened a new store at Kodad, Suryapet (Telangana) today.
• The total number of stores as on date stands at 392.
• APOLLO HOSPITALS; Company plans to commission a Comprehensive Oncology Centre including India's first Proteus One Proton System along with ancillary equipment, over the next three years at a cost of Rs 250 crores.
• Meant for treating 850 patients per annum
• Currently 500+ patients per annum are being treated
• Would enable an additional 350 patients being treated per annum By FY 2028
• RHI MAGNESITA: Intermetal Engineers, a subsidiary of RHI Magnesita India, signed an agreement to acquire 100% of Ashwath Technologies For Rs 14 Cr
• ICICI BANK ; Prudential is said to seek $12-billion valuation for ICICI Pru AMC IPO : Reports
• Prudential may seek to file prospectus as soon as May
• Potential share sale may help Prudential raise about $1 bn
• ANAND RATHI WEALTH LIMITED : PROMOTER ANAND RATHI SOLD 0.12 % STAKE ON 3rd MARCH VIA OPEN MARKET
• GRASIM INDUSTRIES LTD ; Commencement of commercial production of Birla Opus Paints plant at Mahad (Maharashtra) Today.
• With the commencement of commercial production at Mahad plant , 5 out of total 6 green-field plants have commenced commercial production and installed capacity of decorative paints sold under the brand "Birla Opus" has reached 1,096 Million Litres Per Annum (MLPA).
• INTERNATIONAL CONVEYORS LIMITED : PROMOTER ELPRO INTERNATIONAL LIMITED BOUGHT 0.06% ON 3rd MARCH VIA OPEN MARKET
• GE VERNOVA : WINS RS 500 CR ORDER
• GE VERNOVA; Co. has received an order from Power Grid Corporation of India Limited For Supply and Installation of Transformers and Reactors under bulk procurement.
• Orders to be executed within 36 months.
• Three orders totaling to Approximately INR 500 Cr.
• POWERGRID: POWERGRID Wins Bid for Three Transmission Projects
• Power Grid Corporation of India Ltd. (POWERGRID) secured three inter-state transmission projects under the Tariff-Based Competitive Bidding:
• Rajasthan REZ Ph-V (4 GW) – Augmentation at Sirohi substation, 765kV D/C lines in Rajasthan & MP.
• Banaskantha (Raghanesda) PS – ICT augmentation in Gujarat.
• Kurnool-IV REZ (4.5 GW) – New Kurnool IV substation, upgrades at C’peta, 765kV & 400kV D/C lines in Andhra Pradesh & Karnataka.
• NAVA : RS 360 CR SHARE BUYBACK TO OPEN ON 6-12 MARCH
• BUYBACK PRICE AT RS 500
• DOW FUTURES DOWN 200
• DCX SYSTEMS; Approved a ₹131 crore corporate guarantee to Kotak Mahindra Bank for Raneal Advanced Systems Pvt. Ltd.
• OLA ELECTRIC: Ola Cell Technologies received a notice from IFCI for missing Milestone-1 under the PLI ACC scheme.
• The company is engaging with authorities to respond.
• AMBUJA CEMENTS : CCI approves the proposed acquisition of up to 72.8% shareholding of Orient Cement Limited by Ambuja Cements Limited
• ADANI ENT , PSP PROJECTS ; CCI approves acquisition of equity shares of PSP Projects Limited by Adani Infra (India) Limited
• SEBI TOTAL INCOME JUMPS 48 % TO 2075 CR IN FY24 YOY
• FEE INCOME UP 53 % TO 1851 CR
• INCOME FROM INVESTMENT UP 18.5 % TO 192 CR
• TOTAL EXPENSES UP 18 % TO RS 1006 CR
• JSW ENERGY: CCI approves proposed acquisition of 100% shareholding in KSK Mahanadi Power Company Limited by JSW Energy Limited
• NSE Says From April 4, 2025, derivatives expiry moves from Thursday to Monday.
• NIFTY weekly contracts will expire every Monday. Monthly and quarterly contracts (NIFTY, BANKNIFTY, stocks) will expire on the last Monday of the month.
• NSE SHIFTS F&O Expiry Day to Monday From Earlier Thursday w.e.f April 4, 2025
• REFEX IND ; Refex Green Mobility (Refex eVeelz) will introduce 1,000 electric four-wheelers in Chennai, Hyderabad, Bengaluru, and Mumbai in FY26 under a deal with a major ride-hailing platform.
• The 100% EV fleet supports India's clean mobility push, reducing urban emissions while ensuring reliable transport.
• NOTE ; Stock F&O Contracts Also Expires On Monday From Earlier Thursday
• COFORGE: WINS ORDER
• Coforge and Sabre have signed a multi-year deal to enhance Sabre’s product roadmap, accelerating AI-driven solutions and innovation.
• This 13-year partnership contract is valued at approximately USD 1.56 billion ( ₹ 136 cr )